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São Paulo :: Brazil | 6 months ago

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BicBanco, as the Sao Paulo-based mid-sized lender is known, has a market value of 1.7 billion reais ($778 million). BicBanco said in a securities filing on Tuesday its "controlling shareholders are always open to business opportunities and, in that

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Bangalore :: India | 6 months ago

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BJP on Tuesday said hike in the key interest rate by RBI on Tuesday would actually increase inflation as the Government has failed to address supply side issues. "RBI increasing the repo rate by 25 basis points is again not going to tame inflation as

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Kolkata :: India | 6 months ago

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While RBI Governor Dr Raghuram Rajan has eloquently recognised the key role of exports in increasing India's economic growth in the second half of the current fiscal, the exporting sector has registered a turnaround after a prolonged pain...To that

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Mumbai :: India | 6 months ago

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With the improvement in liquidity conditions, the Reserve Bank on Tuesday decided to close the special window for commercial banks to meet the cash requirements of mutual funds (MFs) with immediate effect. The RBI, in July, had opened a special

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Mumbai :: India | 6 months ago

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NewsApp  NewsApp (Free) Read news as it happens Available on   Rediff News   All News  B anking shares are trading higher by up to 2%, erasing there early morning losses, after the Reserve Bank of India reduced the marginal standing facility (MSF)

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Mumbai :: India | 6 months ago

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rediff NewsApp  NewsApp (Free) Read news as it happens Available on   Rediff News   All News  Highlights of RBI's Q2 monetary policy October 29, 2013 12:18 IST F ollowing are the highlights of the RBI's second quarter review of monetary policy 2013-

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Mumbai :: India | 6 months ago

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Foreign investors seem convinced about the India story, having poured in more than Rs 13,000 crore into the markets in the past 16 trading sessions, at a time when high uncertainty is cloaking the economic and political environment of the country.

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Mumbai :: India | 6 months ago

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M arkets ended lower on Monday as investors turned cautious and booked profits ahead of the RBI monetary policy review on Tuesday...The 30-share Sensex ended down 113 points at 20,570 and the 50-share Nifty closed 44 points lower at 6,101. Reports

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Mumbai :: India | 6 months ago

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The rupee ended flat on Friday, but extended losses for a second week, as caution set in ahead of an expected interest rate hike by the central bank at its policy review next week...However, in a bid to further ease funding costs, the central bank is

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Shanghai :: China | 6 months ago

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China's benchmark seven-day repo rate extended its climb on Thursday after the central bank let more cash drain from the market, a move traders saw as another signal it will tighten policy. The repo rate opened up nearly a full per centage point, at

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